Agentic AI in healthcare holds opportunity for European players to arise

Europe presently has a beardown accidental to go a cardinal planetary subordinate successful agentic artificial quality (agentic AI) and its deployment successful healthcare, a CEO has forecast.

Whereas generative AI (genAI) takes decisions based connected existing datasets that LLM models wrong its architecture analyse, agentic AI, viewed arsenic the adjacent improvement of AI, is much astir autonomous decision-making.

According to Paolo Denti, Oversonic Robotics’ CEO and co-founder, portion the marketplace for genAI and ample connection models (LLMs) is already dominated by US and Asian marketplace players, determination is inactive clip for Europe to carve retired a niche successful agentic AI.

In caller years, US companies specified arsenic Amazon Web Services (AWS) and Nvidia person forged important partnerships with ample medtech players specified arsenic Johnson and Johnson (J&J), suggesting their starring borderline successful the proviso of AI tools successful the healthcare space. Specifically, genAI tools person been a absorption for the companies, with each having established healthcare partnerships for the technology’s exertion successful areas specified arsenic cause find and the improvement of genAI-based applications to assistance practitioners amended predictive analytics astir diligent attraction outcomes.

“Agentic AI is astir performing existent carnal tasks and for machines to marque existent decisions, not conscionable to enactment healthcare practitioners with generic accusation arsenic successful the lawsuit of genAI,” Denti continued.

“That's an important differentiating point, and besides the country wherever Europe could inactive contiguous play an important role, due to the fact that the areas that are unluckily already dominated by US and Asia is the LLM and genAI, and it nary longer seems apt a stronger European subordinate volition emerge.

“However, I deliberation Europe could go a beardown subordinate successful agentic AI arsenic the marketplace astatine this infinitesimal remains somewhat much unfastened to disruption.”

AI is connected a accelerated improvement people successful healthcare. GlobalData investigation forecasts that the technology’s exertion successful healthcare volition deed a $19bn valuation by 2027. The genAI marketplace successful the healthcare abstraction has been evolving rapidly successful caller years, with the aforementioned ample players solidifying their presumption successful the market. Recent probe by McKinsey recovered that 85% of respondents successful the healthcare abstraction reported utilizing genAI successful immoderate capacity.

Agentic AI and its usage cases, meanwhile, presently look to beryllium successful much of a developmental phase. Further probe by McKinsey highlights that 70%-80% of medtech manufacture workflows could beryllium precocious with agentic AI, and 75%-85% successful the pharma industry.

Oversonics’ flagship merchandise is RoBee, an adjunct robot powered by agentic AI that aims to alleviate staffing shortage related pressures successful hospitals and different healthcare settings.